# Hintastica JV opens Rs 210 crore geyser plant in Jadcherla, Telangana

Hintastica, a 50-50 joint venture of Hindware Home Innovation and Groupe Atlantic, inaugurated a geyser plant in Jadcherla with a Rs 210 crore investment and 500 planned jobs. A further Rs 100-150 crore expansion is planned to lift capacity by at least 50%.

- Type: New facility
- Announced: 2023-01-12
- Where: Jadcherla, Telangana, India
- Value: $25.6M (2.10B INR)
- Jobs: 500
- Status: completed
- Capacity: 600,000 units (about 1.2 million after next phase)
- Products: geysers (water heaters)
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Hintastica Private Limited](https://endata.com/companies/10115.md)
- [Hindware Home Innovation](https://endata.com/companies/10116.md) (partner)
- [Groupe Atlantic](https://endata.com/companies/10117.md) (partner)

## Sources

- [telanganatoday.com](https://telanganatoday.com/hindware-jv-sets-up-rs-210-cr-geyser-plant-at-jadcherla), 2023-01-12: "The unit, which is set up on 5.7 acres, will employ 500 people."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.